Delek Logistics Partners Stock Earnings Per Share

DKL Stock  USD 40.99  0.05  0.12%   
Delek Logistics Partners fundamentals help investors to digest information that contributes to Delek Logistics' financial success or failures. It also enables traders to predict the movement of Delek Stock. The fundamental analysis module provides a way to measure Delek Logistics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Delek Logistics stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Delek Earnings Per Share Analysis

Delek Logistics' Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.

Earnings per Share

 = 

Earnings

Average Shares

More About Earnings Per Share | All Equity Analysis

Current Delek Logistics Earnings Per Share

    
  2.89 X  
Most of Delek Logistics' fundamental indicators, such as Earnings Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Delek Logistics Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Delek Earnings Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Delek Logistics is extremely important. It helps to project a fair market value of Delek Stock properly, considering its historical fundamentals such as Earnings Per Share. Since Delek Logistics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Delek Logistics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Delek Logistics' interrelated accounts and indicators.
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Click cells to compare fundamentals
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Competition

Delek Common Stock Shares Outstanding

Common Stock Shares Outstanding

31.94 Million

At this time, Delek Logistics' Common Stock Shares Outstanding is quite stable compared to the past year.
According to the company disclosure, Delek Logistics Partners has an Earnings Per Share of 2.89 times. This is 265.82% higher than that of the Oil, Gas & Consumable Fuels sector and 129.37% higher than that of the Energy industry. The earnings per share for all United States stocks is 7.37% higher than that of the company.

Delek Earnings Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Delek Logistics' direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Delek Logistics could also be used in its relative valuation, which is a method of valuing Delek Logistics by comparing valuation metrics of similar companies.
Delek Logistics is currently under evaluation in earnings per share category among related companies.

Delek Fundamentals

About Delek Logistics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Delek Logistics Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Delek Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Delek Logistics Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Delek Logistics Partners, LP owns and operates logistics and marketing assets for crude oil, and intermediate and refined products in the United States. Delek Logistics Partners, LP operates as a subsidiary of Delek US Holdings, Inc. Delek Logistics is traded on New York Stock Exchange in the United States.

Pair Trading with Delek Logistics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Delek Logistics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Delek Logistics will appreciate offsetting losses from the drop in the long position's value.

Moving against Delek Stock

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The ability to find closely correlated positions to Delek Logistics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delek Logistics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Delek Logistics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Delek Logistics Partners to buy it.
The correlation of Delek Logistics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Delek Logistics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delek Logistics Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Delek Logistics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Delek Logistics Partners is a strong investment it is important to analyze Delek Logistics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Delek Logistics' future performance. For an informed investment choice regarding Delek Stock, refer to the following important reports:
Check out Delek Logistics Piotroski F Score and Delek Logistics Altman Z Score analysis.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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Is Delek Logistics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Delek Logistics. If investors know Delek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Delek Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.49)
Dividend Share
4.16
Earnings Share
2.89
Revenue Per Share
23.413
Quarterly Revenue Growth
(0.06)
The market value of Delek Logistics Partners is measured differently than its book value, which is the value of Delek that is recorded on the company's balance sheet. Investors also form their own opinion of Delek Logistics' value that differs from its market value or its book value, called intrinsic value, which is Delek Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Delek Logistics' market value can be influenced by many factors that don't directly affect Delek Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Delek Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Delek Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delek Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.